Deny\u014d expressed opposition to the shareholders’ proposal from NIPPON ACTIVE VALUE FUND PLC. The proposal concerns amendments to the Articles of Incorporation regarding the number of outside directors, and the Board of Directors concluded that the current governance structure should be maintained.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6517","jir_company_name":"Deny\u014d Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-18","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/6517-20260518-02.pdf","jir_short_summary":"Deny\u014d expressed opposition to the shareholders' proposal from NIPPON ACTIVE VALUE FUND PLC. The proposal concerns amendments to the Articles of Incorporation regarding the number of outside directors, and the Board of Directors concluded that the current governance structure should be maintained.","jir_summary":"### Contents of the Shareholders' Proposal and the Board of Directors' Opinion\nIn response to the shareholders' proposal from NIPPON ACTIVE VALUE FUND PLC, Deny\u014d took a stance of opposition. The proposal involves amendments to the Articles of Incorporation concerning the number of outside directors, aiming to secure a majority of outside directors. The Board of Directors believes that the current governance structure is functioning effectively and expresses concerns that the content of the proposal could hinder future management flexibility and optimal board composition.\n\n### Board of Directors' Viewpoint and Reasons\nThe Board explains that, as a company with a nominating and audit committees, it utilizes independent outside directors to enable quick and accurate decision-making and oversight functions. The current composition includes highly skilled outside directors and female directors, facilitating multi-faceted discussions. The proposed amendments could inhibit the company's ability to adapt to future business environments and strategic changes, leading to their decision to oppose the proposal.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#Deny\u014d, #IRType, #JapanStocks","jir_key_figures":"Percentage of outside directors on the Board of Directors: approximately 38% (5 members)\nProposed change in the number of outside directors: specific figures unknown\nProposal shareholder: NIPPON ACTIVE VALUE FUND PLC","jir_meta_title":"\u3010Deny\u014d\u3011Board of Directors' Opinion on Shareholders' Proposal\uff5cMay 2026","jir_meta_description":"Deny\u014d expresses opposition to the shareholders' proposal. This report provides detailed explanation of the proposal contents and the Board of Directors' views, offering useful information for investment decisions.","jir_og_title":"\u3010Deny\u014d\u3011Opinion on Shareholders' Proposal\uff5cMay 2026","jir_og_description":"Deny\u014d opposes the shareholders' proposal. Detailed explanation of the Board of Directors' opinion and reasons, providing valuable insights for investors.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16904,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-52515","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n